NOT LISTED FOR SALE

4640 NW 2nd Terrace Miami, FL 33126

Flagami Neighborhood

Estimated Value: $542,518 - $706,000

4 Beds
2 Baths
1,625 Sq Ft
$381/Sq Ft Est. Value

Last Sold March 04, 2016

Last sale price $230,000 $142 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $3,870/month

176 Days on Market

Highlights

  • Newly Remodeled
  • No HOA
  • Central Heating and Cooling System
  • Coral Gables Senior High School Rated A-
  • Tile Flooring
  • 5-minute walk to Charlie DeLucca Park (Kinloch Park)

About This Home

As of March 2016

Great location cash flowing Duplex in the heart of Miami. 2 Bedroom 1 bath on each side. this duplex can be rented for over $1,000 per unit per month as per market rents. Investors dream

Last Agent to Sell the Property

Ryan Jeffreys

Deal Flow Realty, LLC. License #3274342 Listed on: 07/06/2015

Last Buyer's Agent

Ryan Jeffreys

Deal Flow Realty, LLC. License #3274342 Listed on: 07/06/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,644

Year Built

  • Built in 1958 | Newly Remodeled

Lot Details

  • 4,138

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Tar and Gravel Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,625 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Suburban Villas Condos
  • Suburban Villas Subdivision

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 01-41-05-043-0050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,644

Year Built

Built in 1958 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1958
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: SUBURBAN VILLAS
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1625
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Tar & Gravel Roof
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Handyman Special, New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: SUBURBAN VILLAS
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-05-043-0050
  • Zoning: 57/GENER
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3644

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2015
Closed on
Mar 4, 2016
Sold by
Castillo Juan F
Bought by
Flagler Invest Llc
Seller's Agent
Ryan Jeffreys
Deal Flow Realty, LLC.
Buyer's Agent
Ryan Jeffreys
Deal Flow Realty, LLC.
List Price
$269,900
Sold Price
$230,000
Premium/Discount to List
-$39,900
-14.78%
Current Estimated Value
$619,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,130

Purchase Details

Closed on
Aug 2, 2000
Sold by
Pena Edda
Bought by
Castillo Juan F

Purchase Details

Closed on
Jul 9, 1998
Sold by
Edda Pena P R
Bought by
Pena Edda
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Flagler Invest Llc $230,000 Attorney
Castillo Juan F $117,000 --
Pena Edda $100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2016 03/04/16 Sold $230,000 -14.8% $142 / Sq Ft
12/29/2015 12/29/15 Pending -- -- --
07/06/2015 07/06/15 For Sale $269,900 -- $166 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,847 $308,495 -- --
2024 $6,534 $280,450 -- --
2023 $6,534 $254,955 $0 $0
2022 $5,867 $231,778 $0 $0
2021 $5,237 $210,708 $103,002 $107,706
2020 $5,155 $206,379 $98,665 $107,714
2019 $4,950 $196,268 $88,546 $107,722
2018 $5,128 $208,564 $100,834 $107,730
2017 $4,794 $190,434 $0 $0
2016 $4,098 $149,879 $0 $0
2015 $3,790 $136,254 $0 $0
2014 $3,645 $127,192 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ryan Jeffreys

    Seller's Agent in 2016

    Ryan Jeffreys

    Deal Flow Realty, LLC.

    (305) 931-6511

    17 Total Sales

    Ryan Jeffreys
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2141124

MIAMI REALTORS® MLS

APN: 01-4105-043-0050

Florida Miami/Dade County Miami 33126 Flagami

4640 NW 2nd Terrace, Miami, FL

This home is located at 4640 NW 2nd Terrace, Miami, FL 33126 since 06 July 2015 and is currently estimated at $619,130, approximately $381 per square foot. This property was built in 1958. 4640 NW 2nd Terrace is a home located in Miami-Dade County with nearby schools including Kinloch Park Elementary School, Kinloch Park Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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